Lakeland Village, CA Cost Of Living
Cost Of Living In Lakeland Village, CA Summary
Cost of living in Lakeland Village research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lakeland Village is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lakeland Village is 128, with 100 being the average.
The cost of living index in Lakeland Village is 1.3x higher than the national average.
Lakeland Village ranks as the #170 cheapest in California out of 634.
Lakeland Village ranks as the #4,889 cheapest out of 6,489 in the US.
The median home value in Lakeland Village is $470,880.
The median income in Lakeland Village is $83,371.
Table Of Contents
Lakeland Village's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lakeland Village, CA?
According to the most recent data on the cost of living, Lakeland Village has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to California, Lakeland Village has a cost of living index that's 0.9x lower than California's index of 141.
The standard of living in Lakeland Village ranks as #170 most affordable out of the 634 places we measured in California. By definition, that implies Lakeland Village ranks as the #464 most expensive place in the Golden State.
For more reading on life in Lakeland Village, check out:
In California
In America
Lakeland Village Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Lakeland Village. Here is how it fairs on each of the criteria:
The Services index in Lakeland Village is 112.
The Groceries index in Lakeland Village is 114.
The Health index in Lakeland Village is 100.
The Housing index in Lakeland Village is 173.
The Transportation index in Lakeland Village is 123.
The Utilities index in Lakeland Village is 95.
| Living Expense | Lakeland Village | California | National Average | |
|---|---|---|---|---|
| Overall | 128 | 141 | 100 | |
| Services | 112 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 100 | 110 | 100 | |
| Housing | 173 | 195 | 100 | |
| Transportation | 123 | 125 | 100 | |
| Utilities | 95 | 128 | 100 | |
Lakeland Village, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Lakeland Village is $470,880.
The Median Rent in Lakeland Village is $1,834.
The Median Income in Lakeland Village is $83,371.
The Home Value To Income in Lakeland Village is 5.6x.
The Rent To Monthly Income in Lakeland Village is 0.26x.
| Statistic | Lakeland Village | California | United States |
|---|---|---|---|
| Median Home Value | $470,880 | $763,287 | $303,400 |
| Median Rent | $1,834 | $1,956 | $1,348 |
| Median Income | $83,371 | $96,334 | $78,538 |
| Home Value To Income | 5.6x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Lakeland Village, CA Costs By Category
Detailed Lakeland Village Services Costs Vs. California
| Item | Lakeland Village | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
Detailed Lakeland Village Groceries Costs Vs. California
| Item | Lakeland Village | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Lakeland Village Health Costs Vs. California
| Item | Lakeland Village | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Lakeland Village Transportation Costs Vs. California
| Item | Lakeland Village | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Lakeland Village Utilities Costs Vs. California
| Item | Lakeland Village | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Lakeland Village SnackAbility
/10
